Question Everything Like Once, Even Twice Maybe?
Granted. There is a pattern here. A popular bottom pattern called an Inverse H&S (head and shoulders)
OBV is low and flat. Just a bit odd. (google OBV if you are not familiar with On Balance Volume)
Targets to the upside are in white type.
Who knew when the outlook was a bit bleak for this country's economy that we would have such a cool rally up?
Not me.
But we did.
I mean the FBI has raided our last president's home when they knew he was not home over a year after he was president. Kinda makes you scratch your head and think WOW!
It is almost like there is No Telling what will happen next!
Unsettling for many including me.
In reality we do not know what is going on? But you know, how many of us live in reality?
So now I go from here. This is where we are. We live in the present to be healthy and the market does not always live in the same time zone that we live in.
Will the economy burn the market? Seems like it would but time will tell.
No recommendation
Do not drink and drive.
Do not drink and trade (o:
OBV is low and flat. Just a bit odd. (google OBV if you are not familiar with On Balance Volume)
Targets to the upside are in white type.
Who knew when the outlook was a bit bleak for this country's economy that we would have such a cool rally up?
Not me.
But we did.
I mean the FBI has raided our last president's home when they knew he was not home over a year after he was president. Kinda makes you scratch your head and think WOW!
It is almost like there is No Telling what will happen next!
Unsettling for many including me.
In reality we do not know what is going on? But you know, how many of us live in reality?
So now I go from here. This is where we are. We live in the present to be healthy and the market does not always live in the same time zone that we live in.
Will the economy burn the market? Seems like it would but time will tell.
No recommendation
Do not drink and drive.
Do not drink and trade (o:
Comment:
Overbought with RSI set on 70.
When momentum is high, some may use RSI set on 80 versus 70.
It is not quite overbought with RSI set on 80.
When momentum is high, some may use RSI set on 80 versus 70.
It is not quite overbought with RSI set on 80.
Comment:
Rising wedges on hourly time frame that may indicate FOMO (Fear of missing out)
Place the indecision where you feel it belongs I suppose.
Is it at a top or a bottom?
Indecision candles need confirmation, as do most candles